Finance Minister Nirmala Sitharaman on March 17 launched a dedicated mobile app for the Prime Minister's Internship Scheme.
The App has several features, including an intuitive interface with a clean design and effortless navigation.
Finance Minister Nirmala Sitharaman on March 17 launched a dedicated mobile app for the Prime Minister's Internship Scheme.
The app offers a range of features, including an intuitive interface with a user-friendly design, seamless registration via Aadhaar face authentication, easy navigation for candidates to explore opportunities by location, a personalized dashboard, and real-time notifications to keep users updated on the latest developments.
The Prime Minister's Internship Scheme (PMIS Scheme), announced in the Budget 2024- 25, aims to provide one crore youth with internship opportunities in the top 500 companies in five years.
As an initiation to this Scheme, the pilot project, which aims to provide 1.25 lakh internship opportunities to the youth, was launched on October 3, 2024.
The scheme provides for 12-month paid internships in top companies of India.
The scheme targets individuals aged 21 to 24 who are currently not enrolled in any full-time academic program or not in full-time employment.
Each intern will receive monthly financial assistance of Rs 5,000, supplemented by one-time financial assistance of Rs 6,000. Companies are expected to pay for the training and 10 percent of the internship costs from their CSR funds.
After the launch of the app, Finance Minister Sitharaman said, "The government is keeping in mind we need to give that confidence to our youth. We need youth to understand what it takes to get into such top 500 companies."
She urged the Indian industry to participate in the larger interest of the country's youth.
"That demographic dividend which exists should be available for the industry so that their productivity, their future can be better endowed with our youngsters," she said on X.
In the July 2024 budget, the BJP-led NDA government announced five different approaches to Viksit Bharat. Among those were measures to promote manufacturing and services through internships.
The internship programme was meant for people who, till then, couldn't find an opportunity because either they were not skilled enough or they were not trained enough.